Press Release Details

Jan 31, 2012

Realty Income Prices $325 Million of Monthly Income Class F Perpetual Preferred Securities

ESCONDIDO, CALIFORNIA, January 31, 2012. Realty Income Corporation (Realty Income), The Monthly Dividend Company®, (NYSE: O), today announced that a public offering of 13,000,000 shares of the Company’s Monthly Income Class F Cumulative Redeemable Preferred Stock has been priced at $25.00 per share plus accrued dividends, if any. The offering is anticipated to close on February 7, 2012. Dividends on the Class F Preferred Stock will be paid monthly at a rate of 6-5∕8% annually of the stated liquidation value of $25.00 per share, which is equivalent to $1.65625 per share on an annualized basis. The Monthly Income Class F Preferred Stock has no stated maturity, sinking fund or mandatory redemption provisions. It also is not convertible into any other security of the Company. At the Company’s option, the Monthly Income Class F Preferred Stock may be redeemed at $25.00 per share, plus accrued dividends, if any, on or after February 15, 2017.

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